Tether Freezes $12.3M in USDT Over Illicit Activity Concerns

Tether Freezes $12.3M in USDT Over Illicit Activity Concerns
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Tether, the issuer of the world’s largest stablecoin USDT, has frozen $12.3 million worth of assets on the Tron Network. The move signals continued efforts to combat illicit activity in the crypto space.

  • Tether froze $12.3M in USDT on the Tron Network without a public statement.
  • The freeze may be linked to potential sanctions violations or AML risks.
  • Blockchain data from Tronscan confirmed the transaction freeze timing.
Related Tags: TRONStablecoin
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